Just quickly as I’m packing for a trip, but I had to share the newest stats from the new (one-year-old) [JFDI Asia](htt[://jfdi.asia) ‘Bootcamp’ – I’ve written a lot about them – which is now past $3 million in funding for its first batch.

Tl;dr: Seven of the 11 graduates have raised seed-stage funding, four are dead. Total investment stands at SG$3.9 million (US$3.1 million).

JFDI.Asia 2012 Startup Portfolio - status at 24 MAR 2013

Kark Mobile Education - B2C tablet game platform using collectible QR cards to make 4–12 year old children masters of a simulated world.
$15k investment by JFDI.2012 Pte Ltd closed. ACTIVE - $50k from Ideosource closed. Intends to raise further funding after full product launch.

Fetch Fans - B2B web service that gives brand franchises with local businesses control and analytics as they use social media to maximise impact for all their franchisees. $15k investment by JFDI.2012 Pte Ltd closed. ACTIVE - $720k investment by Angel syndicate led by Lawrence Seah and Yeo Choon closed.

Flocations - B2C web travel service that visualizes nearby destinations on an interactive map, so leisure travellers can browse by budget and book their next getaway in minutes, not hours. $15k investment by JFDI.2012 Pte Ltd closed. ACTIVE - $700k investment led by TNF Ventures and supported by SingTel Innov8 / Ben Ball closed.

Remember - B2C mobile app is the family Time Capsule in your pocket that makes it simple to capture and relive memories on your smartphone.
$15k investment by JFDI.2012 Pte Ltd closed. DEADPOOL - Founders closed business due to insufficient market traction.

Stubb - B2B document sharing service for the masses that connects your printer to the cloud. Anything you can print, you can publish online.
$15k investment by JFDI.2012 Pte Ltd closed. DEADPOOL - Following inconclusive discussions with investors the business ceased trading.

Trafflers - B2C web service that makes it fun to discover and plan vacations with friends, thereby increasing the frequency and size of group travel bookings online. $15k investment by JFDI.2012 Pte Ltd closed. DEADPOOL - Following inconclusive discussions with investors the business has refocused on activity in Europe.

To date, JFDI.Asia has taken 11 teams of entrepreneurs from idea to investment in 100 days, with greater than 60% success raising follow-on funding. This compares favourably with the 14% success rate reported for other Singapore programs. A further 9 are now in the pipeline, with 10-15 more expected to follow later in 2013.

Successful JFDI.Asia teams raise a median S$650,000 per team, exceeding that achieved by more established international peers.

Independent valuations prove that JFDI.Asia increases the value of startups passing through its program by 4-5X in 100 days [3]

CEOs of JFDI.Asia funded teams project that they will create at least 33 new jobs in Singapore by end 2013, ie an average 8 per funded team [4]

This is more proof of why Southeast Asia is attracting interest from the US, Japan and elsewhere.

[Now the regular disclaimer: Yes, there are a different set of challenges here and the startup ecosystem is still being built out, and at different levels in various markets across the region.]